Upfi Network Flywheel
(1) 60% UPS will be emitted (distributed) as incentives → Minting demand → Increase collateral → lending protocol → share profit to UPS holder
(2) Increase UPFI, Ups token demand
(3) UPS increase price and redevelop incentives sources
Anti Pump - Dump - Exist Whales
We have seen many SafeMoon holders suffered the big dumps from the whales. For eg: NCAT price dropped 4 times in just hours because a whale dumped and took nearly 500 BNB from the pool (and SAFEMOON case was 1771 BNB), the images below are one of the dumps.
Solution: Transactions (sell/buy/mint) that trade more than 0,05% of the total supply will be rejected. Whales who make a transfer (between 2 wallets) that is larger than 0,05% of the totalsupply will be charged for 600 USDC. These USDC will be shared to UPS holder.
This feature prevents pump-dump-exist whales because they can destroy the project and protect price movement as well.
Token Distribution (Total supply — 1B)
The Token Sale distribution includes all tokens allocated for seed, private and
public sales. Tokens reserved for our initial offering will be released on a linear schedule for all sale users.
Ecosystem & Liquidity
The Ecosystem and liquidity allocation is specifically reserved for fulfilling the
needs of future platform integrations including providing liquidity and other
Advisory tokens which are allotted for strategic work done in legal, technical,
and business efforts to advance the adoption of the protocol. All tokens are
subject to lockups and vesting periods starting 6 months after TGE.
The Team allocation is reserved as compensation for current and future Upfi team
members including team member and founder. All Team tokens are subject to
lockups and vesting periods starting 6 months after TGE.
The treasury bootstrap will be used for future protocol upkeep and possible protocol
incentives, ie. buy back and burn with future revenue, future audits of smart
contracts, bug bounties through responsible disclosure, possible cross-chain
implementations, creation of new protocol level features and updates.
Marketing and partnership reserve
The reserve will be allocated to fund all Marketing and partnership
development activities such as, marketing bounties, cross-application
integrations, affiliate incentives, crown funding and much more